Establishing a Sound Jeonse Transaction Order... Daegu Police Agency Conducts Special Crackdown on Jeonse Fraud
[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Du-yeol] The Daegu Metropolitan Police Agency will conduct a special crackdown on jeonse fraud for six months from July 25, 2023, to January 24, 2024.
The Police Agency has selected seven key types of cases for focused enforcement and plans to designate a dedicated investigation team composed mainly of specialized personnel from the Metropolitan Investigation Unit of the city police agency and the intelligence teams of police stations to carry out a strong crackdown.
The key targets for jeonse fraud enforcement are ▲capital-free gap investment ▲non-return of deposits such as "empty jeonse" ▲false notification of real estate rights relationships ▲unauthorized contracts such as impersonating the actual owner ▲contracts exceeding the scope of delegation ▲false guarantees or insurance ▲illegal brokerage or mediation violating the Licensed Real Estate Agents Act.
Cases involving large-scale damage or organized crime will be investigated with detention as a principle, and criminal proceeds will be thoroughly traced. A cooperative system will also be established with related organizations such as local governments.
A Daegu Metropolitan Police Agency official stated, “Jeonse fraud infringes on the housing rights of ordinary citizens, causes victims to lose their entire assets, and is a serious malicious crime that is difficult to recover from,” adding, “We will do our best to stabilize the ordinary people’s economy and establish a sound jeonse transaction order through strict enforcement against jeonse fraud.”
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A Police Agency official added, “Active reporting and tips from the public are necessary,” and requested, “If you discover crimes related to jeonse fraud, please report and provide information to 112 or the investigation departments of each police station.”
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